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Industrial production sees strongest rise in two years

News by Newsroom on 09:48 EST January 18, 2017
U.S. industrial production grew more than expected in December after the prior month’s decline, official data showed on Wednesday.

Gold continues climbing higher

Tech analysis by Simon Kazinsky on 09:30 EST January 18, 2017
Gold trades on the second week of January well above the $1,200/oz handle.

Say hello to inflation

News by Allie Longford on 09:07 EST January 18, 2017
Trump is not yet president of the US and his planned protectionist policies and fiscal stimulus, which undoubtedly will lead to higher prices, are not yet to be blamed, but inflation is already among us.

Pound stages the largest come back since 2008

News by Simon Kazinsky on 11:50 EST January 17, 2017
After yet another dramatic plunge for the pound at the start of the week where GBPUSD gapped down by more than 200 pips at the open the British currency has made a V shape recovery against the dollar following (or coinciding) the UK's PM announcement that whatever the Brexit deal is it will have to be approved by parliament.

The pound crashes at the beginning of the week

News by Newsroom on 17:10 EST January 15, 2017
The pound gapped down more than 200 pips at the open of the trading week.

U.S. retail sales disappoint at end of the year

News by Newsroom on 09:06 EST January 13, 2017
Retail sales rose 0.6% last month, the government said Friday.

US jobless claims better than expected

News by Newsroom on 08:32 EST January 12, 2017
[news in progress]

Pound sinking on Monday morning

News by Newsroom on 05:39 EST January 09, 2017
The year has turned but the weakness of the British pound continues.

Non-Farm Employment payroll dissapoints

News by Allie Longford on 08:30 EST January 06, 2017
U.S. employment increased less than expected in December but a rebound in wages points to inflation down the line.

Eurozone retail sales dropped in November

News by Newsroom on 07:49 EST January 06, 2017
Retail sales in the 19 countries sharing the euro fell a seasonally adjusted 0.4% in November, reversing a 1.4% rise in October, which was revised up from the 1.1% gain previously reported.

Volatily picking up on Thursday

News by Newsroom on 12:44 EST January 05, 2017
Markets are starting to come out from the the quiet period at the turn of the year.

Fed minutes highlights

News by Allie Longford on 14:07 EST January 04, 2017
FED officials saw the dollar holding down inflation in the last FOMC minutes released on Wednesday.

Oil spikes higher again as production cuts come into play

News by Newsroom on 08:53 EST January 03, 2017
Oil is rallying on Tuesday by more than 2% as the first days of the year see the enforcement of the production cuts previously agreed by the OPEC.

Euro-Zone and Chinese manufacturing sector growing

News by Newsroom on 05:09 EST January 03, 2017
Euro-zone’s final Markit manufacturing PMI came at 54.9 in December its highest in five years.

January is not a good month for stocks

News by Allie Longford on 02:23 EST January 02, 2017
Following the abrupt end of the year for stocks where the Dow Jones gave up topping the 20,000 mark before the last bell and the Standard and Poors 500 shed 50 points in a couple of days it is worth noticing that the first month of the year is not consistent with the one way -upward- street narrative.

Stocks smashing complacency

News by Newsroom on 10:28 EST December 30, 2016
Stocks heading lower in the last trading day of the year after a fairly stable Christmas period.

Euro and Swiss franc blast higher during the Asian session

News by Newsroom on 20:21 EST December 29, 2016
The Euro and the Swiss franc gained a couple of cents within seconds during the evening hours on Thursday while the Asian session was underway.

Stocks do not react to the initial jobless claims number

News by Newsroom on 08:53 EST December 29, 2016
The number of Americans who applied for unemployment benefits in the week before Christmas for first time fell by 10,000 to 265,000.

EURUSD continues heading lower

Tech analysis by Simon Kazinsky on 23:35 EST December 28, 2016
The euro keeps its soft tone this week versus the all mighty dollar.

Poll - Will the Dow Jones miss the 20,000 mark

News by Newsroom on 10:45 EST December 28, 2016
With stocks lower on Wednesday the Dow Jones Industrial Average drifts away from the magic 20,000. But is this just a short delay until the inevitable happens or will the markets surprise and miss it?

House sales did not get the memo regarding the Trump bump

News by Newsroom on 10:19 EST December 28, 2016
After a good start of the day with consumer confidence unexpectedly rising there are some not so good news too on Wednesday.

This facebook comment will come back to haunt Trump

News by Allie Longford on 18:46 EST December 27, 2016
With stock indices at all time record highs, raw materials being the big winners at the end of 2016 with price increases north of 20% in many cases, something that will feed through to the price of end products next year and the dollar strength making US shares extremely expensive when purchased with foreign currency the likelihood of a correction in the US Stock market next year keeps growing.

Carry on with your Xmas slumber, nothing is happening in the markets

News by Newsroom on 14:38 EST December 26, 2016
With most of the world´s financial markets closed, Japan is the only reference for moves on the financial markets.

Markets quiet but oil and the Aussie strong on Tuesday

News by Newsroom on 20:44 EST December 20, 2016
The Australian dollar is the strongest currency against a basket of major currencies at the end of Tuesday.

Canadian wholesale sales rise

News by Newsroom on 20:40 EST December 20, 2016
Canadian wholesale sales rose by 1.1% for October, a stronger number than the expected increase of 0.4%. September’s data was revised though to show a decline of 1.5% from the original estimate of 1.2%.

Gold bounces from critical support

Tech analysis by Simon Kazinsky on 15:43 EST December 19, 2016
After dropping like a stone for the past months against the all mighty US dollar the metal has gained so far almost $20/oz from its most recent low in Dec 15 at $1123.

Russian Ambassador In Turkey Killed By Shooter Screaming

News by Simon Kazinsky on 12:30 EST December 19, 2016

U.S. services PMI unexpectedly falls in December but employment robust

News by Newsroom on 11:52 EST December 19, 2016
Activity in the U.S. services sector fell in December, dampening optimism over the state of the U.S. economy, according to preliminary data released on Monday by market research group Markit.

Pound weak as Bank of England leaves UK interest rates on hold

News by Allie Longford on 07:33 EST December 15, 2016
The pound keeps losing ground against the dollar in a combination of the FED raising rates just yesterday and the Bank of England keeping its base rate at historic lows.

FED raises rate

News by Allie Longford on 14:46 EST December 14, 2016
The FED has done it! The central bank hikes by 25 Basis points as most analysts expected.